Question

Identify and discuss several professional organizations that help play important roles in preparing and communicating accounting information

Answer 1

Answer:

Explanation:

Accounting is the means by which information about an enterprise is communicated and, thus, is sometimes called the language of business. Many different users have a need for accounting information in order to make important decisions. These users include investors, creditors, management, governmental agencies, labor unions, and others. Because the primary role of accounting information is to provide useful information for decision-making purposes, it is sometimes referred to as a means to an end, with the end being the decision that is helped by the availability of accounting information.